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The Central Bank of Russia has revealed which sectors of the Russian economy form the demand for shadow financial services, the RBC reports

In the first half of 2018, the leaders among consumers of shadow services were the construction industry with a share of 30% and wholesale and retail trade with a share of 33%. The main part of the demand in trade is formed by the sector of construction and industrial goods (20% of the total demand), the trade in consumer goods accounts for less than 13%. The service sector has a significant share: services (except for logistics) - 21% of the market, logistics services - another 6%.

The press service of the regulator explained that the Central Bank refers to the shadow services as “operations aimed ultimately at cash withdrawal or their withdrawal abroad on fictitious grounds in order to avoid paying taxes, legalize criminal income and for corruption purposes”.

However, according to the Bank of Russia, over the past four years, the volumes of doubtful operations in the Russian financial sector have consistently decreased. If at the end of 2015, the regulator estimated the cash-out market at 600 billion rubles, then in 2017 - at 326 billion. In the first half of 2018, the volumes found were reduced by another 1.8 times (compared to the first half of last year) - up to 100 billion rubles, the Central Bank clarified.

znak.com, tks.ru, 12 November 2018